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Simba Energy Inc. (TSXV:SMB,FWB:GDA,OTCQX:SMBZF) has signed an agreement with Bell Geospace to conduct an airborne full-tensor gradiometry survey on Block 2A in Kenya. The survey is expected to start in early May and be completed within approximately one month.
Simba Energy Inc. (TSXV:SMB,FWB:GDA,OTCQX:SMBZF) has signed an agreement with Bell Geospace to conduct an airborne full-tensor gradiometry survey on Block 2A in Kenya. The survey is expected to start in early May and be completed within approximately one month.
As quoted in the press release:
The program contemplates flying 6,044 line kms over two target areas within Block 2A: ~2,150kms² over the central portion of the block covering the Company’s earlier defined primary and secondary target areas SSE from the city of Wajir and within the southern extents of the Mandera basin, and ~850kms² along the block’s southern boundary over the eastern margins of the Anza basin. It is expected that the resulting data from this FTG survey will serve to provide for a more focused and cost effective 2D seismic well location targeting program planned for later this year.
Simba Energy CEO, Robert Dinning, said:
The Company has seen a significant increase in drilling activity adjacent to Block 2A and this has led to increased interest by potential farm-in partners to drill our Block 2A.
Click here to read the Simba Energy Inc. (TSXV:SMB) press release
